Tuesday, May 15, 2012

Seacrest Buys DeGeneres' Bev Hills Estate

YOUR MAMAS NOTES. The big deals just keep rolling in like a tidal wave this week. First there was news Time Warner widow Courtney Sale Ross sold her duplex at 740 Park Avenue for $52,500,000.

Quickly on its heels came word that casino king Steve Wynn dropped $70,000,000 on a nearly 11,000 square foot duplex apartment at The Ritz Carlton on New York's Central Park South.

Now comes news from gossip juggernaut TMZthat chat show hostess Ellen DeGeneres and lady-wife Portia de Rossi have sold their Beverly Hills estate to well-manicured American Idol host and reality tee-vee power player Ryan Seacrest.

Believe it or not, Your Mama actually first heard this more than two weeks ago now when Our Fairy Godmother in Beverly Hills who sent a covert communique that said that was word on the Bev Hills real estate street. We were a little incredulous and sat on the scuttlebutt even though we knew through various Platinum Triangle real estate sources that Mister Seacrest was on a very serious Platinum Triangle house hunt in the $35-40,000,000 range.

We quickly queried a second contact who told us he'd heard whispers of the same rumor and a third little birdie told Your Mama "there's lots of chatter about that." We finally got in touch with a fourth informant—the almost frighteningly plugged in Knancy Knowsthedish—who told us yesterday that our trio of sources were "very knowledgeable."

Missus DeGeneres bought the heart of the multi-parcel estate in early 2007 from Will & Grace co-creator Max Mutchnick for just under thirty million clams. The main house measures more than 9,000 square feet with seamless indoor/outdoor living spaces. There's also a detached
guest house with two bedrooms and under—yes under—the negative-edge swimming pool and adjacent pavilion there are
additional living quarters and garage space where Missus DeGeneres parks her Porsches.

Shortly after buying
Mister Mutchnick's mansion Missus DeGeneres paid $8,500,000 for the house
next door that she quickly razed and replaced with gardens that girdle a
private pond. Missus DeGeneres, a real estate compound lover if there ever was
one, quickly snatched up two adjacent residences as buffers against paps and looky loos at a combined cost of $10,500,000. By Your Mama's rudimentary (and unscientific) calculations Missus DeGeneres spent an astonishing combined (and approximate) $48,000,000 to cobble her Bev Hills compound together.

She and Portia de Rossi were legally married in the backyard in August 2008 and a couple years later de Rossi legally took Degeneres' last name.

TMZ's source told them the agreed upon sale price was within a
few million less than the $49,000,000 asking price. We heard a bit lower than that and The Wall Street Journal's close-to-the-transaction source says it's $37,000,000.

17 comments:

Anonymous
said...

Fascinating. I had emailed our Mama way back when she was in NYC visitin, that the Ellen property was off the Westside Estate Agency website. Mama you said you was traveling but would check it out??!! How did this go under the radar??

Dont do that to us!! Has the house Degeneres (lets not kid ourselves who in this couple buys these properties)is supposedly purchasing, appeared on the open market before? Ryan will undoubtedly love the privacy of Ellens for boys nights out(side).

Ryan Seacrest would like to personally thank all the morons that watch The Kardashians for giving him the money to buy this place. Seriously, people in this country are downright stupid. No wonder other countries are beating us left and right.

"Association" is an interesting concept. When I was reading this story Rock Hudson popped into my mind. I hope Ryan has a much fun in/with his properties as Rock had with his. Hopefully, Ellen will have all the hot babes off the property so Ryan has room for the boys.

Oooh yessss!!! This is the most fab-u-lous news of the year! Ryan will turn this sausage-deprived compound into the gay man's Mecca it was always meant to be! Forget Geffen, girlfriends let us tell you that we are so sick of having that wrinkly Methuselah grope our privates. Can you imagine the upcoming orgies!!!!! We can't wait!!!!!

Mama, I remember you saying years ago, that Degeneres would make a smacking big loss on this property, and you were right. We don't know how much she spent on tearing down and making up once she had bought all four houses, but I bet the total loss comes close to $15m. It makes my eyes water just to think of it.

Hmmm i love looking at pretty houses and such, but am i the only one who finds it sickening that when so many average joes are struggling to pay their mortgage and put food on their tables while working 2 jobs - somebody who gets paid trillions to stand in front of a camera parted with $40 million for a house that probably only 2 people will live in for a few months a year...

When does a person get so out of touch with reality that they think they need a house like this???!!!!